In the news release, "Rosetta Genomics Reports First Quarter 2008 Financial Results" issued on 21 May 2008 12:30 GMT, by Rosetta Genomics Ltd nasdaq:ROSG over PR Newswire, we are advised by a representative of the company that the time of the conference call, as stated beneath the header 'Conference Call Information', should be 4:30p.m. ET and not 8:30 a.m. ET as previously issued. Complete, corrected release follows:
, /PRNewswire-FirstCall/ -- Rosetta Genomics, Ltd. (NASDAQ: ROSG), a leading molecular diagnostics company, reported today its consolidated financial results for the quarter ended March 31, 2008 and business highlights.
The 2008 first-quarter net loss of $3.9 million (including a non-cash expense of $191,000 related to stock based compensation), or $0.33 per ordinary share. The first-quarter result compares with a net loss of $2 million (including a non-cash expense of $205,000 related to stock based compensation), or $0.23 per ordinary share, for the corresponding quarter of 2007.
"This has been a remarkable quarter for us at Rosetta Genomics on both the business and scientific fronts," said Amir Avniel, President and CEO of Rosetta Genomics. "We have continued the rapid advancements towards the launch of the first diagnostic tests based on our microRNA technology, and look forward to the exciting events that lay ahead of us in the following months."
On the business front, Rosetta Genomics recently announced that
Columbia University Medical Center's Molecular Pathology Laboratory has
submitted the first microRNA-based test based on the company's microRNA
technology for regulatory approval to the New York State Department of
Health. The test is designed to differentiate squamous from non squamous
|SOURCE Rosetta Genomics Ltd|
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